Global Technical Textile Market Size & Outlook, 2022-2030
Global technical textile market, 2018-2030 (US$M)
Related Markets
Global technical textile market highlights
- The global technical textile market generated a revenue of USD 218,876.1 million in 2022 and is expected to reach USD 394,907.7 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 7.7% by 2030.
- In terms of segment, transportation accounted for a revenue of USD 42,480.0 million in 2022.
- Protective is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 218,876.1 million |
| Market revenue in 2030 | USD 394,907.7 million |
| Growth rate | 7.7% (CAGR from 2022 to 2030) |
| Largest segment | Transportation |
| Fastest growing segment | Protective |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Construction, Transportation, Protective, Medical |
Other key industry trends
- In terms of revenue, the North America accounted for 18.3% of the global technical textile market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 1,569.1 million by 2030.
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Technical Textile Market Scope
Technical Textile Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global technical textile market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to technical textile market will help companies and investors design strategic landscapes.
Transportation was the largest segment with a revenue share of 19.41% in 2022. Horizon Databook has segmented the Global technical textile market based on construction, transportation, protective, medical covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Technical Textile Application Outlook (Revenue, USD Million, 2018-2030)
- Bedding
- Kitchen
- Upholstery
- Towel
- Others
- Construction
- Transportation
- Protective
- Medical
- Apparel
- Ties & Clothing
- Handbags
Reasons to subscribe to Global technical textile market databook:
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Target buyers of Global technical textile market databook
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Our clientele includes a mix of technical textile market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global technical textile market , including forecasts for subscribers. This global databook contains high-level insights into Global technical textile market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global technical textile market size, by region, 2018-2030 (US$M)
Top 10 countries: Technical textile market size, 2022 (US$M)
Global technical textile market share, by application, 2022 & 2030 (%, US$M)
Technical textile market: Opportunity assessment by country
Global technical textile market, by region, 2022 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 8,545.2 | 8,877.6 | 8,825.8 | 8,766.1 | 9,123.4 | 9,500.8 | 9,900.0 | 10,322.7 | 10,770.2 | 11,244.5 | 11,747.6 | 12,281.7 | 12,849.0 | 3.6% |
| Europe | 38,779.1 | 40,390.6 | 40,144.6 | 40,391.3 | 42,150.1 | 44,001.7 | 45,949.9 | 48,004.5 | 50,178.8 | 52,482.2 | 54,924.2 | 57,515.4 | 60,267.8 | 3.8% |
| North America | 35,368.4 | 36,740.9 | 36,841.2 | 38,464.2 | 40,021.1 | 41,667.8 | 43,410.9 | 45,258.5 | 47,219.0 | 49,302.0 | 51,518.1 | 53,879.0 | 56,397.7 | 4.1% |
| MEA | 8,447.2 | 8,687.3 | 8,530.4 | 8,377.3 | 8,623.8 | 8,881.4 | 9,150.2 | 9,431.3 | 9,731.7 | 10,040.6 | 10,359.5 | 10,696.9 | 11,050.5 | 2.9% |
| Asia Pacific | 93,525.9 | 101,495.4 | 91,666.3 | 104,922.6 | 118,957.7 | 133,200.6 | 147,823.8 | 162,816.5 | 178,250.1 | 194,384.7 | 212,152.8 | 232,043.0 | 254,342.7 | 9.7% |
| Overall | 184,665.8 | 196,191.8 | 186,008.3 | 200,921.5 | 218,876.1 | 237,252.3 | 256,234.8 | 275,833.5 | 296,149.8 | 317,454.0 | 340,702.2 | 366,416.0 | 394,907.7 | 7.7% |
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